Tesla and Amazon Deal Challenges OKX’s Tokenization Push

Corporate giants Tesla , Amazon , and Netflix have rejected cryptocurrency exchange OKX’s proposal to issue tokenized versions of their shares. 49 out of the 62 initially selected companies have rejected the listing of their securities on the OKXICE platform, with seven additional objections from firms outside the initial list. In total, five of the so-called “Magnificent Seven” —including Microsoft, Alphabet, and Nvidia —have brought the initiative to a dead halt. NEW: Six more issuers have objected to having their shares tokenized through the @okx / @ICE_Markets TSV: Tesla Amazon Netflix SpaceX Lam Research SoFi Technologies That brings the total number of objections to 56, including five of the Magnificent Seven.

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